Falling North Sea Crude Output Looming Large Over Norway
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 11:12AM CDT
As per data compiled by Bloomberg based on Norwegian Petroleum Directorate data, energy explorers in Norway found less than 5 million barrels of oil and gas for every exploration well drilled in 2015.
RDS.A: 48.45 (-0.64), XOM: 83.59 (-0.93), BP: 30.18 (-0.75), STO: 15.56 (-0.12)
Top and Flop Zones of Q1 and Their ETFs
Sweta Killa - Zacks Investment Research - Thu Mar 31, 9:44AM CDT
Most corners of ETF investing have performed exceptionally well in the first quarter while a few areas are lagging.
SILJ: 8.70 (+0.03), MVG: 9.44 (-0.18), BBC: 19.05 (+0.52), AG: 6.48 (-0.27), PAAS: 10.87 (-0.12), XOM: 83.59 (-0.93), GAZ: 0.49 (-0.01), DGL: 40.28 (+0.22), TAN: 22.66 (+0.06), CVX: 95.40 (+0.15), NANR: 29.14 (-0.26)
Despite Short-Term Weakness, Chevron Stock Could Outperform Over The Long-Term
Sarfaraz Khan - Amigobulls - Thu Mar 31, 3:25AM CDT
The company’s stock will likely outperform other super-majors on oil’s recovery, given Chevron has greater leverage to liquids than its peers.
RDS.A: 48.45 (-0.64), XOM: 83.59 (-0.93), CVX: 95.40 (+0.15)
Exxon (XOM) Stock Falls as Climate Change Probe Expands
at The Street - Wed Mar 30, 2:34PM CDT
Exxon (XOM) stock is down in late-afternoon trading on Wednesday as an investigation into whether the company misled investors about potential climate change impacts expands to Massachusetts.
XOM: 83.59 (-0.93)
The Zacks Analyst Blog Highlights: Schlumberger, Cameron International, Exxon Mobil, Royal Dutch Shell and Valero Energy
Zacks Equity Research - Zacks Investment Research - Wed Mar 30, 8:30AM CDT
The Zacks Analyst Blog Highlights: Schlumberger, Cameron International, Exxon Mobil, Royal Dutch Shell and Valero Energy
VLO: 64.14 (+0.16), RDS.A: 48.45 (-0.64), CAM: 67.05 (-0.63), XOM: 83.59 (-0.93), SLB: 73.75 (-0.66)
US Virgin Islands, Massachusetts launch probes into Exxon
By JAKE PEARSON - AP - Tue Mar 29, 2:57PM CDT
NEW YORK (AP) — Attorneys general in the U.S. Virgin Islands and Massachusetts are investigating whether Exxon Mobil deceived the public or shareholders about the effects of climate change, joining similar inquiries into the oil giant launched by New York and California.
XOM: 83.59 (-0.93)
Oil & Gas Stock Roundup: China Clears Schlumberger-Cameron Merger
Nilanjan Choudhury - Zacks Investment Research - Tue Mar 29, 1:04PM CDT
Chinese regulators cleared Schlumberger's (SLB) $14.8 billion takeover of Cameron International (CAM).
VLO: 64.14 (+0.16), RDS.A: 48.45 (-0.64), CAM: 67.05 (-0.63), RIG: 9.14 (+0.25), XOM: 83.59 (-0.93), PTR: 66.30 (-0.22), SLB: 73.75 (-0.66)
Exxon Mobil (XOM) Crosses Pivot Point Support at $83.83
Comtex SmarTrend(R) - Tue Mar 29, 9:16AM CDT
Exxon Mobil (NYSE:XOM) has opened bearishly below the pivot of $84.09 today and has reached the first level of support at $83.83. Investors may be interested in a cross of the next downside pivot targets of $83.43 and $82.77.
XOM: 83.59 (-0.93)
The Biggest Problem With Suncor Energy Inc. Stock
Matthew DiLallo, The Motley Fool - Motley Fool - Mon Mar 28, 1:30PM CDT
Image source: Suncor Energy. Suncor Energy has actually done quite a remarkable job during the downturn. Armed with a mountain of cash, the Canadian oil company has been able to make a number of strategic investments to fund growth that should...
SU: 27.81 (+0.29), IMO: 33.40 (+0.06), XOM: 83.59 (-0.93)
ExxonMobil Considers Purchase of 15% Stake in Eni's Area 4
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 11:40AM CDT
ExxonMobil Corporation (XOM) is contemplating the purchase of a significant stake in Italian operator Eni SpA's (E) gas-rich acreage in Area 4, offshore Mozambique.
SEDG: 25.14 (-0.03), EVA: 21.72 (-0.16), E: 30.22 (-0.50), XOM: 83.59 (-0.93)
Stock Market News for March 28, 2016
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 9:10AM CDT
Benchmarks closed mostly unchanged on Thursday amid declines in financial stocks
AMZN: 593.64 (-5.05), C: 41.75 (-0.13), COP: 40.27 (+0.19), XOM: 83.59 (-0.93), WFC: 48.36 (-0.29), VLO: 64.14 (+0.16), GS: 156.98 (+0.48), PXD: 140.74 (+0.33), JPM: 59.22 (-0.49), IBM: 151.45 (+3.04), TSO: 86.01 (-0.46), CHK: 4.12 (+0.11), CAT: 76.54 (+0.03), CVX: 95.40 (+0.15), BRK.B: 141.88 (-0.58), BHI: 43.83 (+0.46)
The Zacks Analyst Blog Highlights: Starwood Hotels & Resorts Worldwide, Marriott International, Exxon Mobil, Chevron and NIKE
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 8:30AM CDT
The Zacks Analyst Blog Highlights: Starwood Hotels & Resorts Worldwide, Marriott International, Exxon Mobil, Chevron and NIKE
NKE: 61.47 (-0.57), XOM: 83.59 (-0.93), CVX: 95.40 (+0.15), MAR: 71.18 (-0.37), HOT: 83.43 (-0.23)
Wells Fargo, Deutsche Bank, Exxon, Schlumberger and Treasuries: Doug Kass Views
at The Street - Mon Mar 28, 12:02AM CDT
Doug Kass shares his views on the banking industry, treasury bonds and on commodities.
XOM: 83.59 (-0.93), DB: 16.94 (-0.18), WFC: 48.36 (-0.29), TLT: 130.61 (+0.92), SLB: 73.75 (-0.66)
6 Bargain Stocks You Can Buy Today
Reuben Gregg Brewer, The Motley Fool - Motley Fool - Sat Mar 26, 1:35PM CDT
Image source: Steel Dynamics. The old adage is to be greedy when others are fearful and fearful when others are greedy. That's pretty much the idea of buying low and selling high, but it puts an emotional spin on things. Emotion is what tends to...
STLD: 22.51 (-0.32), ETN: 62.56 (-0.19), NUE: 47.30 (-1.01), EMR: 54.38 (-0.18), XOM: 83.59 (-0.93), AKS: 4.13 (-0.15), CVX: 95.40 (+0.15), X: 16.05 (-0.41)
Better Buy Today: Royal Dutch Shell vs. BP plc
Jay Yao, The Motley Fool - Motley Fool - Sat Mar 26, 11:15AM CDT
Image Source: pixabay.com Because crude prices have declined so much, supermajors have been under pressure as never before. In February, ConocoPhillips (NYSE: COP) cut its dividend to $0.25 from $0.74, with CEO Ryan Lance saying, 'While we...
XOM: 83.59 (-0.93), COP: 40.27 (+0.19), BP: 30.18 (-0.75)
New Shareholder Resolution Incentivizing Big Oil's Transition to Clean Energy, Wins at SEC
PR Newswire - Fri Mar 25, 8:03AM CDT
In a key win, the Oakland-based non-profit advocacy group, As You Sow defeated ExxonMobil's attempt to suppress an innovative, first of its kind shareholder resolution. The resolution asks Exxon to report its energy resources in an energy-neutral metric - BTUs - in addition to the traditional 'barrels of oil equivalent' standard. Establishing a climate-friendly measure of energy reserves is a key step in incentivizing management, and the market, to support the transition to a clean energy economy.
XOM: 83.59 (-0.93)
ExxonMobil Shares to be Sold by Rockafellers Family Fund
Zacks Equity Research - Zacks Investment Research - Thu Mar 24, 2:20PM CDT
ExxonMobil Corporation (XOM) has found itself in troubled waters after being accused of misleading the public about climate change risks.
SEDG: 25.14 (-0.03), EVA: 21.72 (-0.16), BAK: 12.91 (-0.12), XOM: 83.59 (-0.93)
PetroChina Earnings Falter Amid Oil Crash, Cuts Capex
Nilanjan Choudhury - Zacks Investment Research - Thu Mar 24, 2:16PM CDT
PetroChina's 2015 earnings suffered due to sharp drop in oil prices, partly offset by higher output.
CEO: 117.06 (-0.43), XOM: 83.59 (-0.93), CVX: 95.40 (+0.15), PTR: 66.30 (-0.22)
Feds reject Exxon Mobil bid to block shareholder proposal
By MICHAEL VIRTANEN - AP - Thu Mar 24, 12:22PM CDT
ALBANY, N.Y. (AP) — The Securities and Exchange Commission has rejected Exxon Mobil's bid to block a shareholder proposal that would require it to disclose how its business will be affected by a 2-degree target limit on global warming.
XOM: 83.59 (-0.93)